For saleCondo
$85,000
10113 W 34th St Apt 111
Minnetonka MN 55305
2 beds, 2 baths, 1,010 sqft
10113 W 34th St Apt 111 is a 2 beds, 2 baths, 1,010 sqft condo home for sale at $85,000 in Minnetonka MN 55305. At 20% down it rents for an estimated $1,575/mo and returns $306/mo a month at a 11.0% cap rate.
The deal math
Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.
- Estimated rent
- $1,575/mo
- Monthly cash flow
- $306/mo
- Cap rate
- 11.0%
- Cash-on-cash
- 21.6%
- Max offer
- $85,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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